Wejo addresses today’s urban mobility challenges with the launch of Wejo Historic Traffic Patterns in the United States

New offering helps end users request specific historical traffic data and information they need in an easily consumable format

MANCHESTER, England, June 15, 2022–(BUSINESS WIRE)–Wejo Group Limited (NASDAQ: WEJO), a global leader in intelligent mobility cloud and software solutions for connected, electric and autonomous vehicle data, today announced the launch of Wejo Historic Traffic Patterns. This product provides the ability to request specific data and information from very granular and accurate historical traffic patterns over the past several years from any specific location in the United States, even if no monitors or sensors are present. was installed before.

This historical traffic pattern data, which can be traced to a specific time and location, is directly derived from millions of connected vehicles that have traveled up to 95% of US roads and highways in recent years. This new product enables government agencies, civil engineering companies, mapping/navigation providers, logistics companies, and commercial real estate developers to gather insights directly through a Wejo platform API or through the Wejo analytics portal. Studio.

Understanding historical behavior patterns and movement trends is a prerequisite for any organization tackling future challenges in urban mobility. This new product from Wejo provides instant access to a window into the past to understand and visualize data, including travel times, road speeds and soon to track vehicle volume density, as well as hard braking and acceleration fast.

“Public and private sectors can use this incredibly accurate historical data and in-depth insights to build smart mobility plans that can meet the road network challenges of today and tomorrow,” said Richard Barlow, Founder and CEO. by Wejo. “Historical traffic patterns can help city planners and government agencies, commercial real estate developers and logistics managers make informed, data-driven decisions to avoid traffic jams, reduce accidents and save lives.”

Multiple industries can benefit from this simplified access to highly accurate historical traffic pattern data. They understand:

  • Government – The role of government in infrastructure development is a matter of planning. Historical traffic pattern data can help government planners and their civil engineering partners design fit-for-purpose roads based on historical and projected traffic volume and flow. They can also look at road segment speeds, driver behavior, and seasonality changes to make decisions about the overall design, alternate routes during construction, and when to do the work.

  • Civil engineers – Civil engineering companies can now access data from the past even if there were no sensors in place and they no longer need to put in new sensors and wait for the data. This can help them provide faster and more accurate reports to their government planning partners and become more competitive for government bids – this is particularly prevalent at the moment with new funding associated with the infrastructure bill.

  • Commercial real estateCommercial property developers and managers can quickly see historical traffic patterns around their locations to help place customers in the right property based on the traffic exposure they seek. In addition, Wejo Studio allows the end user and the commercial real estate office to easily and quickly access this information, bringing value to their customers.

  • Logistics – Logistics and trucking companies can use historical traffic pattern data to help better understand shipping routes for consistent on-time delivery and reduce fuel consumption caused by traffic and congestion created by bottlenecks. strangulation at specific times of the day.

  • Cartography and navigation – Mapping and navigation providers consume huge amounts of data that they have to analyze and provide to many customers in many different industries. Historical traffic pattern data can help them quickly and easily improve the accuracy of their data by understanding what happened in the past and getting the data on a regular basis.

  • Autonomous vehicle – with the advent of autonomous vehicles, an extraordinary amount of kilometers must be simulated to prove the behavior of the car and the autonomous software processing in various traffic conditions: thanks to the Historical Traffic Pattern, manufacturers of autonomous vehicles can reproduce “real” traffic conditions anywhere in the world. in the United States and create a complete digital twin of vehicle flows over the past few years to train their algorithms faster.

“The ability to access highly granular and accurate historical road traffic and traffic congestion data generated by millions of connected vehicles on the road today has countless applications for public and private sector entities,” said said Mark Timms, senior product manager at Wejo. “This can include everything from providing accurate traffic data to inform major infrastructure projects to helping fleets reduce emissions and provide better on-time delivery simply by understanding what traffic was like at specific places and times in the past.”

For more information on using historical traffic patterns on the Wejo Studio platform, visit www.wejo.com.

About WeJo
Wejo Group Limited is a global leader in cloud and software analytics for connected, electric and autonomous vehicles, revolutionizing the way we live, work and travel by transforming and interpreting historical and real-time vehicle data. Wejo enables Smart Mobility for GoodMT smarter mobility by curating trillions of data points collected from approximately 13 million vehicles and 76.7 billion journeys to date, across multiple makes, makes, and models, then standardizing and improving those data streams large scale data. Wejo partners with like-minded ethical businesses and organizations to turn that data into information that unlocks value for consumers. With the most comprehensive and reliable data, information and intelligence, Wejo is creating a smarter, safer and more sustainable world for everyone. Founded in 2014, Wejo employs over 300 people and has offices in Manchester, UK, and regions where Wejo operates around the world. For more information, visit: www.wejo.com or connect with us on LinkedIn, Twitterand Instagram.

Forward-looking statements
This communication contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. For further information, please follow this link:
https://www.wejo.com/forward-looking-statements

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220615005211/en/

contacts

Media:
Ben Hohmann, Wejo
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Antonio De Soto, Peppercomm on behalf of Wejo
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Investors:
Tahmin Clarke, Wejo
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Idalia Rodriguez, Arbor Advisory Group on behalf of Wejo
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